SaxoTV

Fasdal: Russia, risk and the return of the bond market

421 views
April 14, 2015 bond, bond buying, bond buying programme, bond investing, bond investment, bond investors, bond market, bond markets, bond portfolio, bond purchase, bond purchases, bond strategy, bond yield, bond yields, bond-buying programme, bondbuying, bondmarket, bonds, bonds and equties, bonds market, bonds to equities, bonds update, bonds v equities, brent, brent crude, brent geo-political, brent price, commodities, commodities markets, commodities prices, commodities supply, commodity, commodity investing, commodity market, commodity markets, commodity outlook, commodity prices, commodity strategy, commodity trade, commodity trading, fixed, fixed income, fixed income bonds, fixed income portfolio, fixed income v equities, fixed spreads, oil, oil commodities, oil demand, oil industry, oil inventories, oil market, oil markets, oil price, oil prices, oil production, oil spread, oil supplies, oil supply, oil trading, rouble, rouble and ukraine, russia, russia bonds, russia economy, russia oil, russia ruble, russia sanctions, russian, russian central bank, russian economy, russian equities, russian government, russian politics, russian ruble, saxo bank, saxo tv, trading, tradingfloor, tradingfloor.com, ukraine, ukraine conflict, ukraine crisis, wti, wti and oil, wti brent, wti crude, wti crude oil, wti price, wti russia, wti supply
Saxo's Head of Fixed Income, Simon Fasdal, has previoulsy encouraged investors to look at Russia. He's just returned from a visit there and says that the three main risks - low oil price, sanctions and the troubled rouble - are still evident. In fact, he says Russian GDP forecasts for 2015 are down 4%.

However, Fasdal still believes there are many reasons to consider investing in the country. He believes the yield levels on bonds entered a high degree of risk premium and that some of that risk was unjustified.

One corporate bond that's attracted Simon's attention is Gasprom 2022 and he explains why.